Germany’s Third Voluntary National Review (VNR) to the HLPF 2025

    Examples Finances lever

    Germany is committed to a sound financial policy that contributes to intergenerational justice and supports essential investments in the future. To this end, the German Government strives for objective- and impact-oriented budget management, thereby boosting the efficiency and impact of actions taken to attain the SDGs and improve the quality of public finances.

    What Germany has done in the period covered by this report:

    • Sound financial policy underpins essential investments in the future and contributes to intergenerational justice.
    • Germany strives at national level for objective- and impact-oriented budget management aligned more efficiently with SDG attainment, and assists its partners in such efforts.
    • Germany lobbies for a needs-based reform of the international financial architecture and for debt treatments for states with unmanageable levels of debt (notably under the G20 Common Framework for Debt Treatments).



    Cooperation in action

    • Promoting good governance in partner countries

      Good governance and sustainable development are inseparable. Accordingly, in the period covered by this report Germany worked together with partner countries to safeguard and promote democracy, political participation and responsiveness to people’s needs, and to respect, protect and guarantee all human rights.

    • Embedding the SDGs in Germany’s federal budget

      The Federal Ministry of Finance and the line ministries use spending reviews to improve the effectiveness and efficiency of public-sector spending. With its 10th and 11th Spending Reviews, the German Government has forged stronger links between the Sustainable Development Goals and the federal budget.

    • Mobilising private-sector funds for the 2030 Agenda

      Germany seeks to intensify the mobilisation of private-sector funds for the 2030 Agenda. Attaining the goals of the Agenda is a task for society as a whole and therefore requires a broad alliance of actors. The present financing gap neither can nor should be closed purely by public-sector resources. It is therefore essential to mobilise private investment.

    As at: 17.06.2025